Rapid Recovery Solution, Foremost in Collection Services, Comments on Debt Collecting On Fraudsters

Rapid Recovery Solution comments on an article published by the Independent.ie that reports that the Irish government is considering hiring collection services to collect on debt accumulated through fraudulent practices.

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Bohemia, NY (PRWEB) April 01, 2013

On April 1, Rapid Recovery Solution comments on an article published by the Independent.ie that reports that the Irish government is considering hiring collection services to collect on debt accumulated through fraudulent practices.

The Independent.ie article states that the Irish government is exploring the option of hiring independent debt collectors in order to ensure payment from welfare fraud and overpayments, fines issued by the courts, and hospital bills. The debt owed to the government is said to total in the millions. In an unprecedented move, the government is considering delegating the debt collection to outside agencies in order to recuperate their losses without incurring excess cost.

Taking on private debt collectors is indicated as running against the grain of government policy. The staff originally responsible for issues concerning government debt collection will be reassigned to other duties.

The article claims that the question being addressed is whether or not debt collectors from the private sector would be any better at collecting debt and if the cost of the service would be deemed feasible. Heavy emphasis is being placed on ensuring that strong-arm tactics will not be associated with government collections.

CEO of Rapid Recovery Solution, John Monderine, expresses his opinion on a government body utilizing private collections agencies. “Even though outsourcing debt collection services would be a new move for the Irish government, there is the potential for regaining lost funds. Government bodies have long been associated with red tape and inefficiency. As long as reputable agencies are employed to carry out the work, the government will be quite satisfied with the results the private sector can achieve.”

Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.

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